# Sandy Spring Bancorp INC. 401(k) Plan
Source: https://planprovider.pro/companies/sandy-spring-bancorp-inc-521532952-501

> Sandy Spring Bancorp INC.'s 401(k) plan: 1,113 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Sandy Spring Bancorp INC.

- **Sponsor EIN:** 521532952

- **Sponsor Address:** 17801 GEORGIA AVE., OLNEY, MD, 208322233

- **Plan Type:** 401(k)

- **Plan Number:** 501

- **Total Participants:** 1,113

- **Total Assets:** $0

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|1,113|$0|$0|$0|

| 2023|1,070|$0|$0|$0|

| 2022|1,095|$0|$0|$0|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| CAREFIRST ADMINISTRATORS|Recordkeeper|$315,643|—|$315,643|

| HILB GROUP OF MARYLAND|Investment Advisor|$165,771|—|$165,771|

| VISION SERVICE PLAN|Recordkeeper|$34,009|—|$34,009|

| MDLIVE INC|Other Service Provider|$6,436|—|$6,436|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $521,859

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|—|—|—|—|—|

| 2023|—|—|—|—|—|

| 2022|—|—|—|—|—|

## Similar Plans

- [Sandy Spring Bancorp, INC](https://planprovider.pro/companies/sandy-spring-bancorp-inc-401k-plan) — 1,129 participants

- [Shore United Bank](https://planprovider.pro/companies/shore-united-bank-401k-plan) — 589 participants

- [Capital Bank, NA](https://planprovider.pro/companies/capital-bank-na-522132492-501) — 521 participants

- [Forbright Bank](https://planprovider.pro/companies/forbright-bank-432022906-502) — 515 participants

- [Eaglebank](https://planprovider.pro/companies/eaglebank-522099123-506) — 460 participants

- [Eaglebank](https://planprovider.pro/companies/eaglebank-401k-plan) — 452 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/sandy-spring-bancorp-inc-521532952-501)

© 2026 PlanProvider.Pro